On 09 December 2024, the Board of Directors of 3REN Berhad (“3REN” or “the Company”) (“Board”), announced that Sophic Automation Sdn. Bhd. [Registration No. 200701036965 (794994-D)] (“Sophic Automation”), a wholly-owned subsidiary of the Company had on even date entered into a memorandum of understanding (“MOU”) with Invest-In-Penang Berhad [Registration No. 200401033189 (671697-P)] (“Invest Penang”) to establish the basis for the provision and acceptance of the incentive package in the form of financial subsidy(ies) and/or resource(s) upon the terms as contained in the MOU.

The Board wishes to announce that Sophic Automation had, on 17 July 2025 (“Effective Date”), entered into an agreement (the “Agreement”) with Invest Penang for acceptance and utilisation of the incentive package with the objective of Sophic Automation undertaking the project for the purpose of development and transformation of Sophic Automation’s innovative ideas in Integrated Circuit(s) (“IC”) design into IC products according to the milestones and subject to the terms and conditions as contained in the Agreement.

Please refer to the attachment for the further details of the announcement.

This announcement is dated 18 July 2025.